Domain reseller
The Internet is an ever-flourishing system that supplies new opportunities to gain money online. One of them is to be a domain name reseller and sell domain names to end users, generating revenue from the difference between the wholesale and the retail price of each domain name. 1000's of domain names are registered each day, and there are millions of presently active domains, so this is a thriving trading niche that you can be engaged in.
Top-Level and Second-Level Domains Names
A domain involves 2 components - a top-level domain name (TLD) and a Second-Level Domain (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the second-level domain name.
gTLDs and ccTLDs
The top-level domain names can be generic or country code. The generic Top-Level Domains include the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code Top-Level Domains include 2-character abbreviations that stand for each country. Examples of country-code TLDs are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a gTLD or a country-code one, has a Registry - an organization that tackles the registrations and determines the prerequisites that each particular Top-Level Domain may have, among them the duration of the registration period or the citizenship of the registrant. Certain Registrar companies work under the Registry. These are the firms that in fact sell the domain name to customers and administer all domain name records.
Gain Cash From Reselling Domains
Lots of Registrars have reseller programs that allow individuals to earn money from selling domain names to end users. If you register with such a program, you can start your own personal Internet business. As a rule, a domain name will cost less if it is registered through a reseller rather than if it is bought directly from the Registrar by an end customer. The reason is that resellers can contact more customers in local communities or countries where the Registrar may not be known whatsoever. This implies more sales for the Registrar, so both parties will benefit from that. Your revenue will be the difference between the price that the user pays and the one that the Registrar requires for the domain name registration.
Resell Top-Level Domains Under Your Own Personal Brand Name
When you sign up for a domain reseller program, you will acquire a hosting CP where you can choose the prices for the various top-level domain names that the Registrar provides. Most companies also offer invoice transaction software and web design templates for your virtual shop, and the automation of the whole process together with the expanding demand for domains render the domain name reseller business so seductive. You will either obtain a ready-made web site and utilize the Registrar platform to sell domain names, or they will grant you access to their API (Application Programming Interface) so that you can build your very own personal web page and form for placing orders. Generally, you have the option to pick between the two possibilities, so it all revolves around how trained you are in these issues. As a domain reseller, you will do business under your personal trademark name and not under the Registrar's.
Earn Profit From Offering Web Hosting Accounts As Well
A suitable addition to your domain name reseller business would be to sell web hosting packages as well. In this way, you can offer a package deal to people who wish to make their web page and require both a domain name and a web page hosting plan. A few firms offer such options. With 'ResellersPanel', for example, you can run a Virtual Private Server or a dedicated server, and they will also give you a domain reseller account and cost-free billing management software to charge your customers. You can then sell domains and shared hosting accounts to clients, and since they offer lots of diverse domain extensions, you will be able to offer domain name and hosting services to users from all over the world.